Hi,

Could you please help me answer the 4 questions below? I need the correct answer, and if possible, a brief explanation. . Thanks very much :)

Question 25 Foreign exchange earn a profit by a bid-ask spread on currencies they trade and from speculative proprietary trading; whilst foreign exchange_ seek to earn a profit from the difference between the rates at which they buy and sell currencies. Select one: A. speculators and arbitragers; brokers B. brokers; speculators and arbitragers C. speculators and arbitragers; bank dealers D. bank dealers; speculators and arbitragers Question 26 "Overshooting" exchange rate changes in response to an action of a central bank would be an example of: Select one: A. purchasing power theory. B. the Fisher Effect. C. none of the above. D. market efficiency.estion 27 The current U.S. dollar-Swiss franc spot rate is 1.1100$/CHF. If the 360-day forward exchange rate is 1.1244$/CHF then the CHF is selling at a per annum of Select one: A. premium; 1.30% B. premium; 1.28% C. discount; 1.83% D. discount; 1.28% Question 28 The important thing to remember about foreign exchange rate determination is that a bank dealer always: Select one: A. buys high; sells low. B. buys low; sells high. C. trades only with other commercial banks. D. trades only with central banks. which is bought and